MAYS YARD, WESTGATE, SOUTHWELL, NG25 0JX - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MAYS YARD is a midsized detached house of 117m², built sometime between 1976 and 1982. It was last sold for £360,000 in July 2012, which was around 79% above the average July 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

MAYS YARD Sold Prices

Land registry data shows two sales for MAYS YARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two MAYS YARD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 12 JUL	£360,000	£200,751	79% above HPI
2009 18 AUG	£350,000	£198,932	76% above HPI

MAYS YARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two MAYS YARD sales from August 2009 and July 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2012 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is MAYS YARD?

MAYS YARD is 117m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where MAYS YARD lies on this distribution: 47% of detached houses are smaller than MAYS YARD, and 53% of houses are larger. Note that EPC data is not available for all properties in Southwell.

MAYS YARD: Plot and Title Map

MAYS YARD sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of MAYS YARD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MAYS YARD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MAYS YARD?

MAYS YARD is located on WESTGATE in SOUTHWELL, in the NG25 postcode district. The below map shows the position of MAYS YARD on WESTGATE.